Mirae Asset Small Cap Fund Direct-Growth

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹11.198-1.16% 1 day change	11.15% p.a.	App exclusive #NA View Ranked Funds	₹3,038 Cr

Historical NAV & returns

NAV: ₹11.198 as on Feb 02, 2026

This fund Category average

Mirae Asset Small Cap Fund overview

Expense ratio	0.43% as on Feb 02, 2026
Exit load	1.0% Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 365 days.!
AUM (Fund size)	₹3,038 Cr
Lock-in Period	Nil
Age	1 yrs since Jan 10, 2025
Benchmark	NIFTY Smallcap 250 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Mirae Asset Small Cap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-6.2%	-6.69%
3 Months	-7.56%	-9.51%
6 Months	-1.83%	-7.05%
1 Year	11.15%	0.16%

Asset allocationas on Dec 31, 2025

Large Cap 11.14%

Mid Cap 14.89%

Small Cap 71.09%

Other Cap 0%

Top holdings

Karur Vysya Bank Ltd.3.36%

Cholamandalam Financial Holdings Ltd.3.2%

Godawari Power And Ispat Ltd.2.21%

Welspun Corp Ltd.2.19%

Top sectors

Financial 20.2%

Services 13.76%

Healthcare 13.719999999999999%

Capital Goods 7.8999999999999995%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 3.57476393%

Mutual Fund 0.69574612%

Other Holdings

Others 3.57%

Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF - Growth 0.7%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Small Cap Fund	-6.2%	-1.83%	11.15%	N.A.	N.A.	N.A.
Nippon India Small Cap Fund	-6.08%	-6.44%	1.4%	20.96%	25.53%	21.62%
Bandhan Small Cap Fund	-6.86%	-4.76%	5.13%	30.13%	24.99%	17.05%
Invesco India Smallcap Fund	-7.43%	-5.06%	2.94%	23.87%	24.01%	15.79%
Tata Small Cap Fund	-7.35%	-14.49%	-6.33%	15.51%	22.37%	14.5%
Edelweiss Small Cap Fund	-6.11%	-3.89%	2.08%	20.01%	23.04%	16.67%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Small Cap Fund	N.A.	N.A.	N.A.	N.A.
Nippon India Small Cap Fund	16.83	0.85	0.87	1.25
Bandhan Small Cap Fund	18.29	0.92	1.22	1.95
Invesco India Smallcap Fund	16.9	0.82	1.0	1.23
Tata Small Cap Fund	16.82	0.81	0.58	0.84
Edelweiss Small Cap Fund	16.12	0.81	0.87	1.23

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mirae Asset Small Cap Fund	N.A.	3,038 Cr	1 yrs	0.43%
Nippon India Small Cap Fund	N.A.	68,287 Cr	13 yrs 1 m	0.66%
Bandhan Small Cap Fund	N.A.	18,990 Cr	6 yrs	0.48%
Invesco India Smallcap Fund	N.A.	9,225 Cr	7 yrs 3 m	0.4%
Tata Small Cap Fund	N.A.	11,324 Cr	7 yrs 3 m	0.41%
Edelweiss Small Cap Fund	N.A.	5,459 Cr	7 yrs	0.45%

View all Small Cap funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

About this fund

About Mirae Asset Small Cap Fund

Mirae Asset Small Cap Fund Direct-Growth is a Small Cap mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 1 yrs, having been launched on 10/01/2025. Mirae Asset Small Cap Fund Direct-Growth has ₹3,038 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Small Cap Fund Direct-Growth as of 02/02/2026 is ₹11.20. The fund has an expense ratio of 0.43%, which is less than what most other Small Cap funds charge.

The fund has the majority of its money invested in Financial, Services, Healthcare, Capital Goods, Automobile sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in Karur Vysya Bank Ltd., Cholamandalam Financial Holdings Ltd., Godawari Power And Ispat Ltd., Welspun Corp Ltd., Motherson Sumi Wiring India Ltd..

...

Fund AUM	3,038 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Varun Goel

Mr. Goel has done B.Tech and MBA in Finance & Marketing Prior to joining Mirae Asset Mutual Fund, he has worked with Nippon India Mutual Fund, Motilal Oswal Asset Management Company Ltd., Karvy Stock Broking and KC Portfolio Management

Investment objective

The scheme seeks to generate capital appreciation by investing predominantly in small cap stocks. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction.

Mirae Asset Mutual Fund details

No. of schemes	48 view all schemes
Total AUM	2,29,565 Cr as on Dec 31, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

More funds from Mirae Asset Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Mirae Asset Midcap Fund	N.A.	18,409 Cr	14.06%	19.82%
Mirae Asset Great Consumer Fund	N.A.	4,754 Cr	-1.61%	16.33%
Mirae Asset ELSS Tax Saver Fund	N.A.	27,196 Cr	11.39%	15.87%
Mirae Asset Healthcare Fund	N.A.	2,771 Cr	0.73%	15.79%
Mirae Asset Banking and Financial Services Fund	N.A.	2,216 Cr	24.72%	15.71%
Mirae Asset Large & Midcap Fund	N.A.	43,766 Cr	12.3%	15.69%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Mirae Asset Small Cap Fund Direct-Growth?

The current Net Asset Value (NAV) of the Mirae Asset Small Cap Fund - Direct Growth plan is approximately ₹11.198 as of Feb 02, 2026.

How much does this mutual fund charge as expense ratio?

The Mirae Asset Small Cap Fund - Direct Growth has an expense ratio of 0.43%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Mirae Asset Small Cap Fund currently has assets under management (AUM) or fund size valued at approximately 3,038 Cr as on Dec 31, 2025.

What are the top stock holdings of Mirae Asset Small Cap Fund?

The Mirae Asset Small Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Karur Vysya Bank Ltd.	3.36%
Cholamandalam Financial Holdings Ltd.	3.2%
Godawari Power And Ispat Ltd.	2.21%
Welspun Corp Ltd.	2.19%
Motherson Sumi Wiring India Ltd.	2.12%
Multi Commodity Exchange Of India Ltd.	2.09%
Kirloskar Oil Engines Ltd.	2.07%
eClerx Services Ltd.	2.06%
K.P.R. Mill Ltd.	2.05%
Can Fin Homes Ltd.	2.05%

What are the top sectors Mirae Asset Small Cap Fund has invested in?

The Mirae Asset Small Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	20.2%
Services	13.76%
Healthcare	13.719999999999999%
Capital Goods	7.8999999999999995%
Automobile	6.6899999999999995%
Consumer Discretionary	5.79%
Metals & Mining	5.5600000000000005%
Chemicals	4.07%
Construction	3.94%
Materials	3.45%

What is risk level of Mirae Asset Small Cap Fund?

This is a Small Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Mirae Asset Small Cap Fund Direct-Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Mirae Asset Small Cap Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Mirae Asset Small Cap Fund is complete.

How can I redeem my investments in Mirae Asset Small Cap Fund?

Redeeming your investments in the Mirae Asset Small Cap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Small Cap

#NA

Return Outperformance: This fund has generated highest return amongst Small Cap funds in the last 1 Year.
AUM Growth: This fund has the highest AUM growth in the last 12 months in Small Cap category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 365 days.